NEW YORK (CNNMoney) — President Obama will propose a budget on Monday that forecasts a $901 billion deficit in 2013, and includes plans to make targeted investments in areas like infrastructure while hiking taxes on the rich.

The White House bills the document as a “blueprint for how we can rebuild an economy where hard work pays off and responsibility is rewarded.”

But given the intense acrimony in Washington, especially on budget issues, few provisions in the document are likely to ever become law.

The budget will project that the deficit for fiscal year 2012 will top $1.3 trillion, before falling in 2013 to $901 billion, or 5.5% of gross domestic product.

By 2022, the deficit is forecast to fall to $704 billion, or 2.8% of GDP, according to the White House.

Senior administration officials discussed details of the budget with reporters on Friday night. The full budget will be released Monday morning.

The administration officials said the budget is very much a continuation of two previous Obama keystones.